Thakral Corporation Ltd reported that adjusted profit attributable to shareholders rose to 3.3 million Singapore dollars for the three months ended Mar, 31 2026, more than double the 1.6 million Singapore dollars recorded a year earlier.

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Quarterly revenue increased 44.2% year on year to 109.5 million Singapore dollars, driven by a 47.3% rise in the Lifestyle segment to 109.0 million Singapore dollars. Segment earnings before interest and tax advanced 92.7% to 6.6 million Singapore dollars.

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In South Asia, revenue from the exclusive distributorship of DJI products climbed 52.5% to 62.7 million Singapore dollars. The company plans to open 20–30 DJI stores across India and neighbouring countries in the next two to three years.

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In Greater China, revenue from beauty and fragrance brands grew 54.5% to 27.6 million Singapore dollars, supported by more than 65 mono-brand stores and selected retail partners.

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The group booked an unrealised fair value loss of 31.5 million Singapore dollars on its quoted investments in GemLife Communities Group and The Beauty Tech Group, reflecting market weakness in Mar, 2026; both share prices have shown recovery in the second quarter, the company said.

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Looking ahead, Thakral expects its Lifestyle segment to grow by about 25% for full-year 2026, underpinned by the rollout of DJI stores in South Asia, further expansion of beauty and fragrance operations in Greater China, and continued growth of Nespresso distribution in India. The company also highlighted 100% occupancy at its five Osaka office buildings and the completion on May, 28 2026 of an additional 81.64% stake in TIL Investments, lifting its effective holding in a Gurugram healthcare-led mixed-use development to 95.28%.